10/31/2016

How Subprime Vehicle Loans Are Changing Vehicle Buying For The Worst

by Admin
Categories: Finance Resources
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In the 1950s, the American dream consisted of owning a home with a white picket fence, having a college degree framed on the wall, and seeing a smooth new cars and truck in the driveway. One by one, each of those pillars appears to be collapsing, the latestthe current which was indicated by the housing crash of 2008. We now know that the crash was due to subprime loans (cash lent to customers with bad credit report and who are likely to default) doled out by predatory banks who desiredwished to make a dollar by screwing over property buyers.


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